It is our duty, I most
respectfully urge, to protect our people so far as we may against the
very serious hardships and evils which would be likely to arise out of
the inflation which would be produced by vast loans.
In carrying out the measures by which these things are to be
accomplished we should keep constantly in mind the wisdom of interfering
as little as possible in our own preparation and in the equipment of
our own military forces with the duty,--for it will be a very practical
duty,--of supplying the nations already at war with Germany with the
materials which they can obtain only from us or by our assistance. They
are in the field and we should help them in every way to be effective
there.
I shall take the liberty of suggesting, through the several executive
departments of the Government, for the consideration of your committees,
measures for the accomplishment of the several objects I have mentioned.
I hope that it will be your pleasure to deal with them as having been
framed after very careful thought by the branch of the Government upon
which the responsibility of conducting the war and safeguarding the
nation will most directly fall.
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